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How To Secure Long Term Tenants For Your Toronto Condo?

Sunday Aug 2nd, 2020

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Toronto Condos

So, you’ve heard that renting out a condo is like hitting two birds with one stone – renting out your condo helps you make living on the side, while tenants help you pay out mortgage with monthly rental payments. Sounds like a great opportunity for profit, but unfortunately, things aren’t as simple as they seem! First of all, there are tons of risks associated with tenants. Ideally, you would want good people to occupy the space you own, who take good care of your... [read more]

Should You Buy A Parking Spot In Your Condo Building

Thursday Jul 2nd, 2020

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Toronto Condos

At a glance, it looks like a simple yes or no question: Should you invest in a parking spot in your condo? Do you have a car? yes. Don’t have a car? no. Unfortunately, the answer is much more complicated, especially when you factor in the pros and cons, the potential cash flow that comes with owning a parking spot, and the underlying costs. Whether you want a parking space for your own car or are looking to monetize your investment by renting out the spot to someone else,... [read more]

6 Ways To Make The Most Of Toronto Rental Property In 2020

Friday Feb 28th, 2020

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Toronto Condo Rentals

If you wishfully sigh while reading the success stories of people making money off rental property, you are not alone. As Toronto’s popularity continues to rise, many people are actively looking for ways to get in on the action. While the escalating real estate prices are a great news for those already owning a rental property, it could spell trouble for those who have not tested the market yet. If you are wondering how to monetize a rental property, here are a few stellar tips to... [read more]

How Are Toronto Condo Residents Faring With Airbnb?

Tuesday Dec 3rd, 2019

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Toronto Condo Rentals

It’s no surprise that a recent report from Fairbnb, a national coalition of condo residents, affordable housing advocates, and union workers, has reported a 30 percent growth in Airbnb listings in the waterfront communities; a whopping 3,443 listings in December 2018 as compared to 2,644 the year before. The report also attributed 72 per cent of Airbnb’s revenue in Toronto to “ghost hotels”, which are Airbnb condo units run by hosts who have listed two or... [read more]

The Ins And Outs Of Becoming A Landlord In Toronto

Saturday Sep 7th, 2019

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Toronto Condos

Toronto is not only the largest city in Canada but the most populous and luxurious one too. It's filled with beautiful locations and neighborhoods. Real estate in Toronto has always been great due to the type of facilities and the opportunities the city has to offer. Some of the best neighborhoods are situated in King West, Yorkville, Etobicoke, City Place, Entertainment District, etc. with each place having its own charm and vibrancy.   With Toronto having such a great market,... [read more]

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